S2R 7.69% 12.0¢ s2 resources ltd

Chart update, page-6

  1. 2,405 Posts.
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    Chart looks great...
    Took an extra couple of days to reach the predicted low to mid 0.20's by the end of last week (in attached post) but we got there...

    0.225c will create resistance and consolidation as that was the high of the run up on the tender win announcement

    I think we will continue up to the mid 0.20's with a market cap of 106 million @ 0.26c and rest there until the next announcement being the exploration licence granting and timeframe of the DD and RC drilling a couple of weeks later (as stated)..

    Some are saying we are overpriced now but you only have to take a look at a similar stock to S2R with good projects and great management like DEV with a market cap of 125 million to discard those concerns....DEV has traded with a market cap in excess of 250 million before the recent Kennedy announcement based on visuals alone at Sovereign Hill.

    Fosterville Drilling should create a similar market response / interest to the Pd Drilling of Sovereign Hill by DEV and Yarawindah Brook by CPN you would think...especially if the Au price can push up past $2000US an ounce and ignite the Gold sector once again....GL

    Chart...

    S2R_2023-07-18_17-17-33.png
 
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12.0¢
Change
-0.010(7.69%)
Mkt cap ! $54.34M
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12.0¢ 12.0¢ 11.0¢ $68.01K 583.2K

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No. Vol. Price($)
1 20026 11.5¢
 

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Price($) Vol. No.
12.0¢ 30154 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
S2R (ASX) Chart
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